Comwany Number.'N1043097
Charfty NumberNIC100406
Creggan Pre-school & Trnlnlng Trust Ltd
(A L'omp*ny Ilmlted by guarnntee)
Accounts
for the year endcd 31 Moreh 2024

Creggan Pre-school & Training Trust Lld
(A company limited by guarantee)
Infornigtion
Direclor5
Nuala Crilly
Maureen Hassan
Sharon Doherty
Shauna Page
Linda Woods
Secrelary
Bernadette Smith
Comp9ny No:
N1043097
Charlty No:
NIC100406
Regis1cr￿ office
Cromore Gardens
CreB8an
Deny
BT48 9TF
Accountants
McGroarty Mccafferty & Company Ltd
Accountants & Consultants
2 Carlisle Terrace
De
BT48 6JX
Bankers
AIB (NI)
Meadowbank
Derry
BT48 7TN
Page I

Creggan Pre-school & Training Tntst Ltd
(A compAny Ilmlt¢d by guarantee)
Statement of Finanelal Activltles
Tor the yeAr ended 31 March 2024
Unrcstricted
Funds
Restricted
Funds
2024
2023
Income Kxpendlture
Inconilng Resourees
Grants & Suiidry Incom¢
17,207
183,167
200,374
198,953
TolAI Incoming Resources
17,207
183,167
200,374
198,953
R¢sourees Expended
Management & Administration
10,060
176.975
187,035
196.491
TotRI Resources Expcndcd
10,060
176,975
187,035
196,491
Net Incomlng l (Oulgoing) Rcsourc¢y
7.147
6,192
13,339
2,462
Transfer between funds
Bulunc¥s brouglit forwdrd l April 2023
103,153
28.773
131,926
129,464
Balances cllrrled forward 31 March 2024
12
110,300
34.965
145,265
131.926
'rhe al)ove tunounts relate lo coiitinuiiJb• operations of the company,
Tlie comptffly h&s no recognised gaiiis and losses other than tliose included in the results above and therefore
no separnte sLqtemeiil of tolal recoLpnised Lvains and losses lias been presenled. Tliere is no difference
between thc net incoming resources for tlie year sialed above and ihcir hi51orical cosl equivalents.
Page 5

Creggun Pre-school & Trninlng Trnst Ltd
(A eompuny Ilmfiled by guarantee)
Bydlance sheet
as at 31 MArch 2024
2024
2023
Notes
Flxed assets
Tangible assets
102,093
97,623
Current 115sets
Deblors
Cash at bank and in hand
2.072
154,535
1,389
147,833
156,607
149,222
Currcnt liubililies
Bank lollns and overdrafts
Other creditor5
Accruals
21.107
8,096
3,699
17.667
6,384
7,652
10
32,902
31,703
Nel current assets
123,705
117,519
Tothl asscts less current
225,798
215,142
Capilul Grant
Nct assots
Ai
(80,533)
(83.216)
131.926
145.265
Rc8erves
Unrcsti'icled
IIcstriLled
110,300
34,965
103,153
28.773
12
145,265
131,926
Page 6

Creggan Pre-school & TraiDing Trust Ltd
(A company Ilmiled by guaranlee)
{conlinued)
In approving these financial statemcnts as directors of the company we hereby confirm:
For the year ended 31 March 2024, the company was entitled to exemption under section 477 of ihe
Companies Act 2006 relating ￿ Small Companies.
The directors have not required tlie company lo obtain wi audit in accordance with section 476 of tlie
Componie5 Act 2006.
The dircctors ocknowledgc their rcsponsibilitics for complying with ihe requirements of the Companies Act
2006 with respect to accountinuy records and tJ)e preparation of accounts.
These accounts have been prepared in ac¢ordance with the provisions applicable to companies subject lo Ihe
small companie5 r¢giin¢ in accordance wilh FRS102 SORP.
Tlie fii)aiicial slateineijts were approved and autliorised for issue by the Board on l October 2024 and si8ned
oil its b¢l)olf by:
Dlr¢¢(or
54AUNJq PAQE
CompAny Number: N1043097
Pagc 7

Creggan Pre-school & Training Trust Ltd
(A ¢ompany Ilmlted by guarAntee)
Noles to Ihe Jecounts
for the year ended 31 Marcb 2024
Accountlng polEcles
The principal accounting policies adopled in the preparation of the financial sthlements are sel out
below ond have remained unchanged from the previous year, and &lso have been consistently applied
within ilie same accounts.
1.1. Accounting ¢onvention
Tlie fiIiaiicial statements l)ave been prepared in accordance with Accounting and Reporting by
Cl)orities: Stutement of R¢cofflmended Practice applicable to charilies preparing their accounts in
accordance with the Financial Rcporting Standard applicable in the UK and Republic of Ireland
Cliariti¢s SORP 2019 (fRS 102), Ilie Financial Reporting Standard applicable in the UK and Republi
of I￿land (FRS 102), Companies Act 2006 and Charities Act (Northern I￿land) 2008.
1.2, Tangible fixed assets rdnd depreciation
Tllngiblc fixed Ds5cts are staled at cost less depreciation,
Depreciation is provided ot rales calculated to wrile off the cost or valuation less residual value of each
asset over its expecled useful life. follows:
Land and buildings
Office Equipment
Fixtures & Fittings
20/0 Straight Line
15% Straight Line
250h Straiglit Line
Income
(i) Grants
Grants represents all illnouiits received and receivable during the year.
Capitdl L¥ruiits ar¥ releas¢d to the profit and loss account in the year in whicli they are received in
line wilh the SORP 2019 (FRS102).
Revenue grants ar¢ credited to tlie Stalement of financial Activilies in the year tliey are received.
{ii) Donation5 & odminislration income.
This comprises umounts. receiv¢d (Jurin&J the year.
PagL' 8

Creggan Pr&&hool & Trnining Trnst Ltd
(A company lftmited by guarantee)
Notes to the llccounts
for the year ended 31 March 2024
Expenditure
(i) Direct Cliarituble Expenditure
This rcprc5cnts all expcndilurc directly attributable to charitable causes.
(li) Mw]agement & Administration
Tliis includes all olher expenditure not directly allocated above and a portion of the overheod costs
attributable lo management and adminislration.
Pag¢ 9

CreggRn Pre-school & Training Trnst Ltd
(A company Ilmlted by guarantee)
Notes to Ihe fjtcounts
for the year ended 31 March 2024
Income
2024
2023
Restrleted Income
Department ofcommunilies
National Lottery- Community Fund
Derry City & Sirabane District Council
CLEAR
Casli for Kids
Tlie Padiway Fuiid - Eurly Years
Early Years lovid
Communily Foundation Nl
Derry Credit Union
Awards for All
Copital Gront ReleLqe
Radius
Co Operation Ireland
WH+SSB
Triax Hub
130,109
5,685
2,653
4,912
J36,667
250
4,088
1,645
16.362
13,021
1,378
500
7,696
2.683
20,523
14,177
500
2.683
925
500
2,000
1,000
183,167
186.790
Unrestricled Income
Educalion & course fees
Playgrouplcreche Fees
1,574
15.633
12,163
17,207
12,163
TolAI Income
200.374
198.953
(i)
Reslrlcted Funds
Funds received whicli ure eannarked by the funder for specific purposes. Such purposes are within the
overall aims of ilie organisation.
(li) Unrestriclcd fi unds
runds wljicli are expendablc at the discretion of the company in furtlierance of the kims of ihe charity.
In addition funds tnay be held in order to finance capital investment and working capital.
Unreslricted reserves ure at a level io cover six months Salary. operational c05ts' and redundancy.
l'ag¢ lu

CreggAn Pre-school & Tralnlng Trnst Ltd
(A company Ilmited by guarantee)
Notes to the Accounts
ror Qhc year ended 31 March 2024
Resources Expended
Unreslrlcled
Funds
Restrictod
Funds
Total
2024
Tolal
2023
ManJgemenl & Admintstr¥llon
Wages & salaries
Staff pension costs
EvcnL8 expenses
Cleaniiig
Travelling expenses
Prograinme ¢xpen5e5
Insurance
Light & he&t
Legal & professional costs
Staff training
Priiiliiig & stationery
Repairs & maiiitei)ance
Teleplloiie
Sui)dry expenses
Milk
Accounlancy
Bank cliarues
Depreciation on property
Deprecilltion on otTice equipment
Depreciation of fixtures & fittings
9,275
120,068
4,776
2,840
1,261
129,343
4,776
2,840
1,261
100
20,696
3,646
8,021
1,050
275
780
3,416
2,064
2,864
22
1,068
685
3,568
138
422
144,599
4,873
546
597
120
20,502
3,448
8,529
20,696
3,646
8,021
1,050
275
780
3.416
2,064
2,864
22
1,068
16
4,093
1,880
431
229
1,864
945
3,408
138
273
685
3,568
138
422
10,060
176,975
187,035
196,491
Net Incoming Resource5
2024
2023
Net in¢oiniiig r¢source5 Iius been arrived at aft¢r ¢liargii)g.
Depreciotion
4.128
3,819
Page 11

Cregggn Pre-school & Training Trnst Ltd
(A company limlted by guarantee)
Nole5 lo the accounts
ror the year ended 31 Mydrch 2024
Slaff nole
The average number of persons employed by the company during the year amounled to 9
(2023- 11).
The agkFrcgate payroll costs incurred during the year were:
2024
2023
Wages and salaries
)ension contributions
129,343
4,776
144,599
4,873
134,119
149,472
Taxollon
Tliere is no cliarge lo I￿allOn as tlie company charitable slalus.
TnngiblLb assels
Land 8nd
bulldlngs
Office Flxtures &
freehold Equlpment
Fltllngs
Total
Cost
At l April 2023
Additions
170.421
8,000
11,123
36,265
598
217,809
8,598
At 31 Murcli 2024
178,421
11,123
36,863
226,407
Deprecialion
At l April 2023
Charge for the year
Al 31 March 2024
74,167
3,568
10,571
138
35,448
422
120,186
4,128
77,735
10,709
35,870
124,314
Net book values
At 31 Marcli 2024
100,686
414
993
102.093
At 31 Marcli 2023
96,254
552
817
97,623
Debtors
2024
2023
Ollier debtors
2,072
1,389
Page 12

Creggan Pre-school & Training Trust Ltd
(A eompiny IlmSted by guarantee)
Notes to the aecounts
for the year ended 31 March 2024
10.
Current liabililles
2024
2023
Bank loans and overdrafts
Taxes and social security costs
Deferred incoine
Accruals
21,107
3,118
4,978
3,699
17,667
6,384
7,652
32,902
31,703
11.
Capilal Grant
2024
2023
Capilul Gront
80,533
83,216
Tlie Capital Grant 15 writteii down ￿lnuallY by 21AI on a strni8ht Ilne basis.
12.
MovcmeDI8 in Funds
At
At
l Aprll lDeomlng Outgolng 31 Mar¢b
2023 resourw re¥ollrces
2024
Reslricted funds:
28,773 183,167 (176,975)
28,773
183,167 (176,975)
34,965
Total restricted fund5
34,965
Unrestricled funds:
Genernl funds
103,153
17207
(10,060)
(10,060)
131.926 200.374 (187,035)
110,300
Totul unrestricted fund5
103.153
17,207
110,300
145,265
Purposes of Restrleled Funds
RestriGt¢d awarded lo tJ)e charity is provided to cover the Core objects as explained in directors r¢port.
13.
Relllled Pqrty Transactions
Tliere were no related paTty traiisactions in the year undLr review.
14.
Llmlled by Guarantee
The cojnpany is limited by guarantce aiid does not liave a share capital.
Page 13